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Overconfident
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cardigan

Miembro desde Jul 27, 2020  56 mensajes cardigan Sep 29 at 11:41
Over confidence is one of those trait that require controlling in order not to get your account wiped out. You will have to be yourself and not getting the best of what market is showing else you are losing more than you can count.

rosellemunsays

Miembro desde Jul 16, 2020  14 mensajes rosellemunsays Oct 15 at 04:53
It is good to know that you are doing great and your confidence level is high. Be careful and good luck with the market.

Amber_0302

Miembro desde Mar 16, 2020  53 mensajes Amber_0302 Oct 17 at 11:15
One should have confidence but overconfident person always make mistakes and in this volatile market you cannot afford to make any mistake.

GeorgeBischof

Miembro desde Jul 19, 2020  225 mensajes GeorgeBischof Oct 18 at 20:21
Overconfident can put you in great danger. You can loss all your money because of your overconfident nature.

AliaDare

Miembro desde Jul 19, 2020  154 mensajes AliaDare Oct 19 at 00:49
Loss is inevitable if you are trading in volatile market conditions. Part of the loss in overconfident trading. You have to trade with the possibility of the Forex market. And if one wants to make a 100% profit in this market of possibilities, it is never possible. Money management and risk management are not followed if it is overconfident. This is why many traders make losses.

Rassellkarl

Miembro desde Oct 09, 2020  20 mensajes Rassellkarl Nov 10 at 10:50
It’s good to be confident when you are trading. But when you cross the line and become over-confident, things get worse.

Joao91

Miembro desde Oct 05, 2020  12 mensajes Joao91 Nov 10 at 11:23
Many traders empty their accounts due to this issue, overconfidence and lack of proper plan.

Mikehamilton

Miembro desde Oct 14, 2020  19 mensajes Mikehamilton Nov 18 at 06:22
Overconfidence can be a big disadvantage for traders. It is very important to stay focused and keep working hard.

Joz8

Miembro desde Nov 19, 2020  10 mensajes Joz8 Nov 19 at 06:42
Joao91 posted:
Many traders empty their accounts due to this issue, overconfidence and lack of proper plan.

Agreed! There has to be that thin line between confidence and over confidence, which lacks in many traders.

DoraWalletInvest

Miembro desde Aug 17, 2020  96 mensajes DoraWalletInvest Nov 19 at 07:17
Overconfidence can be really detrimental, but it is also bad if you don't feel confident enough. In the latter case, you might feel more fearful and stressed than you should. We have to find a middle ground where we have an adequate amount of self-confidence (which can be a challenge, of course).

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